{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-022807","form_type":"8-K","ticker":"RCMT","cik":"0000700841","company_name":"RCM TECHNOLOGIES, INC.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.435410+00:00","generated_at":"2026-06-11T23:43:55.703694+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"RCM Technologies Q2 revenue down 9.8% to $67M; EPS $0.47 vs $0.57 YoY","bullets":["Revenue $67.0M, gross profit $18.8M; GAAP net income $4.0M ($0.47 diluted EPS).","Adjusted EBITDA (non-GAAP) $6.0M in Q2 vs $8.4M in prior year.","H1 revenue $134.2M (-14.2% YoY); net income $7.8M ($0.87 EPS) vs $12.5M ($1.18 EPS).","Management cites slow start in Engineering but expects double-digit earnings increase in Q4.","Company maintains clean balance sheet and expects strong cash flow in H2 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-022807","json":"https://secwatch.observer/filing/0001437749-23-022807.json","markdown":"https://secwatch.observer/filing/0001437749-23-022807.md","text":"https://secwatch.observer/filing/0001437749-23-022807.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/700841/000143774923022807/0001437749-23-022807-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/700841/000143774923022807/rcmt20230804_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T23:43:55.703694+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"276419301e1c0a3196c6173a69ec37aeb157e49f","claim":"RCM TECHNOLOGIES, INC. reported the thirteen weeks ended July 1, 2023 results: revenue $67.0 million, net income $4.0 million, EPS $0.47 per diluted share.","evidence_excerpt":"RCM Technologies reported revenue of $67.0 million for the thirteen weeks ended July 1, 2023 (the current period), a decrease of 9.8% compared to $74.3 million for the thirteen weeks ended July 2, 2022 (the comparable prior-year period). Gross profit was $18.8 million for the current period, a 13.5% decrease compared to $21.7 million for the comparable prior-year period. The Company experienced GAAP operating income of $5.7 million for the current period compared to $8.2 million for the comparable prior-year period. The Company experienced GAAP net income of $4.0 million, or $0.47 per diluted share, for the current period compared to $6.0 million, or $0.57 per diluted share, for the comparable prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/700841/000143774923022807/0001437749-23-022807-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the thirteen weeks ended July 1, 2023"},{"label":"Revenue","value":"$67.0 million"},{"label":"Net income","value":"$4.0 million"},{"label":"EPS","value":"$0.47 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d2cce968d48b7f273adc71dabaac67b703293082","claim":"RCM TECHNOLOGIES, INC. reported the twenty-six weeks ended July 1, 2023 results: revenue $134.2 million, net income $7.8 million, EPS $0.87 per diluted share.","evidence_excerpt":"RCM Technologies reported revenue of $134.2 million for the twenty-six weeks ended July 1, 2023 (the current period), a decrease of 14.2% compared to $156.3 million for the twenty-six weeks ended July 2, 2022 (the comparable prior-year period). Gross profit was $37.8 million for the current period, a 16.2% decrease compared to $45.1 million for the comparable prior-year period. The Company experienced GAAP operating income of $11.5 million for the current period compared to $17.2 million for the comparable prior-year period. The Company experienced GAAP net income of $7.8 million, or $0.87 per diluted share, for the current period compared to $12.5 million, or $1.18 per diluted share, for the comparable prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/700841/000143774923022807/0001437749-23-022807-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twenty-six weeks ended July 1, 2023"},{"label":"Revenue","value":"$134.2 million"},{"label":"Net income","value":"$7.8 million"},{"label":"EPS","value":"$0.87 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}